COOLS TRANSPORT
ActiveCOOLS TRANSPORT has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.10M and a net result of €120k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 1847 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
82
/ 100
Excellent▲ +9 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-8
Solvency62▲+4
Growth56=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.4 in 2023), and 65.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
34.1%
Return on assets
1.3%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
118 d late
2022
61 d late
2021
194 d late
2020
12 d early
2019
114 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€11.29M▼ 9.0%
2022 · €12.40M
2018: €7.52M
2019: €7.91M
2020: €8.49M
2021: €9.92M
2022: €12.40M
2018 → 2023
EBIT margin
1.4%▼ 1.1pp
2022 · 2.5%
2018: -0.5%
2019: 2.2%
2020: 3.5%
2021: 4.9%
2022: 2.5%
2018 → 2023
Net result
€120k▲ 28.5%
2023 · €93k
2018: €198k
2019: €192k
2020: €275k
2021: €466k
2022: €277k
2023: €93k
2018 → 2024
Working capital
€1.73M▼ 10.3%
2023 · €1.93M
2018: €310k
2019: €431k
2020: €700k
2021: €1.82M
2022: €2.04M
2023: €1.93M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.49M-€9.92M▲ 16.8%€12.40M▲ 25.0%€11.29M▼ 9.0%
Equity€2.14M-€2.61M▲ 21.8%€2.88M▲ 10.6%€2.98M▲ 3.2%€3.10M▲ 4.0%
Operating result€294k-€482k▲ 63.8%€305k▼ 36.7%€156k▼ 48.7%€230k▲ 47.0%
Net result€275k-€466k▲ 69.4%€277k▼ 40.5%€93k▼ 66.4%€120k▲ 28.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 47% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.08M
Fixed assets
€2.75M▼ 1.5%
Current assets
€6.33M▼ 5.8%
Equity and liabilities €9.08M
Equity
€3.10M▲ 4.0%
Debt
€5.98M▼ 8.5%
The debt ratio falls from 68.7% to 65.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€845k▲
2023 · €780k
Cash flow
€735k▲
2023 · €717k
Solvency
34.1%▲
2023 · 31.3%
Current ratio
1.38▼
2023 · 1.40
Quick ratio
1.37▼
2023 · 1.39
Debt / equity
1.93▼
2023 · 2.20
ROE
3.9%▲
2023 · 3.1%
ROA
1.3%▲
2023 · 1.0%
Interest coverage
15.42▼
2023 · 19.63
Debt
€5.98M▼
2023 · €6.54M
Debt ≤ 1 year
€4.59M▼
2023 · €4.79M
Debt > 1 year
€1.39M▼
2023 · €1.75M
Income taxes
€55k▲
2023 · €24k
Staff costs
€3.72M▲
2023 · €2.91M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9.51M€9.08M▼
Fixed assets21/28€2.79M€2.75M▼
Tangible fixed assets22/27€2.79M€2.75M▼
Land and buildings22€835k€919k▲
Plant, machinery and equipment23€32k€118k▲
Furniture and vehicles24€620k€802k▲
Leasing and similar rights25€1.30M€910k▼
Financial fixed assets28€2k€2k=
Current assets29/58€6.72M€6.33M▼
Stocks and contracts in progress3€42k€42k=
Stocks30/36€42k€42k=
Amounts receivable within one year40/41€6.26M€5.86M▼
Trade receivables40€6.03M€5.37M▼
Other amounts receivable41€237k€491k▲
Cash at bank and in hand54/58€363k€305k▼
Deferred charges and accrued income490/1€50k€116k▲
Equity and liabilities
Total equity and liabilities10/49€9.51M€9.08M▼
Equity10/15€2.98M€3.10M▲
Contributions10/11€175k€175k=
Capital10€175k€175k=
Issued capital100€175k€175k=
Reserves13€2.07M€2.07M=
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Tax-exempt reserves132€1.48M€1.48M=
Distributable reserves133€562k€562k=
Profit (loss) carried forward14€727k€847k▲
Amounts payable17/49€6.54M€5.98M▼
Amounts payable after more than one year17€1.75M€1.39M▼
Financial debts170/4€1.75M€1.39M▼
Amounts payable within one year42/48€4.79M€4.59M▼
Current portion of amounts payable after more than one year42€744k€626k▼
Trade debts44€3.96M€3.72M▼
Suppliers440/4€3.96M€3.72M▼
Taxes, remuneration and social security45€87k€245k▲
Taxes450/3€24k€245k▲
Remuneration and social security454/9€63k-
Income statement
Code20232024
Turnover70€11.29M-
Goods, raw materials, services and sundry goods60/61€7.70M-
Remuneration, social security and pensions62€2.91M€3.72M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€624k€615k▼
Other operating charges640/8€630k€819k▲
Non-recurring operating charges66A-€21k
Gross operating margin9900€4.32M€5.41M▲
Operating profit (loss)9901€156k€230k▲
Financial income75/76B€129€13▼
Recurring financial income75€129€13▼
Financial charges65/66B€40k€55k▲
Recurring financial charges65€40k€55k▲
Profit (loss) for the period before taxes9903€117k€175k▲
Income taxes67/77€24k€55k▲
Profit (loss) for the period9904€93k€120k▲
Profit (loss) for the period to be appropriated9905€93k€120k▲
Appropriation of the result
Profit (loss) to be appropriated9906€727k€847k▲
Profit (loss) brought forward from the previous period14P€634k€727k▲
Social balance
Average headcount (FTE)908741.449.4▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 90 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 118 days late
2023
31-12
Financial
Weakest financial yearnet €93k ▼66.4%
Net result drops to €93k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 194 days late
2021
31-12
Financial
Highest result since 2018net €466k ▲69.4%
Operating result €482k, net result €466k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.14M ▲14.7%
3 profitable years in a row build equity to €2.14M.
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kouter 2039800 DeinzeGround area
1,387 m²
Building footprint
1,387 m²
Volume, LiDAR
9,352 m³
Parcel 44011A0237/00A002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kouter 203, 9800 Deinze
since 19842.025.583.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011A0237/00A002 | Flanders | 1,386 m² | 1 · 1,387 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 7 entries · 219,907 EUR awarded · 219,907 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 4,562 EUR | 193,362 EUR |
| 2024 | 2 | 192,090 EUR | 3,290 EUR |
| 2023 | 2 | 23,255 EUR | 23,255 EUR |
Schemes
Ecologiepremie+
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDeinze2.025.583.989
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Of 12,449 companies in sector 49410 we hold annual accounts for 8,086. 2,353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-09-1984
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.